Arab Today, arab today indonesia presses on with fuel hike despite popular anger
Last Updated : GMT 21:47:41
Arab Today, arab today
Arab Today, arab today

Indonesia presses on with fuel hike despite popular anger

Arab Today, arab today

Arab Today, arab today Indonesia presses on with fuel hike despite popular anger

Jakarta - AFP

Indonesia defied popular anger on Tuesday by pressing ahead with its first fuel price hike since 2008, a day after police fought running battles with thousands outside parliament. Protesters hurling Molotov cocktails clashed with police firing tear gas and water cannons late Monday, as lawmakers approved measures paving the way for a reduction in crippling fuel subsidies in Southeast Asia\'s top economy. As police braced for hundreds to converge on parliament for a second day of protests against the expected 30 percent increase in fuel prices, ministers said the government would not back down. \"The fuel price will go up,\" Finance Minister Chatib Basri insisted, saying it was just a matter of finalising the details before an announcement, which is expected in the coming days. \"The hike is very important because of global economic uncertainty,\" he added, referring to a sell-off on emerging markets this month that has sent Jakarta stocks and the rupiah plummeting. Vice President Boediono urged citizens to \"stay calm\" and not hoard fuel, as reports emerged that people were starting to stockpile subsidised petrol before the price rockets. Police in West Java and Lampung provinces seized thousands of litres of fuel allegedly bought in anticipation of a price hike and detained several people, while state energy firm Pertamina said sales had increased three to four percent in recent days. The price of fuel is expected to increase on average 33 percent, with petrol jumping from from 4,500 rupiah ($0.46) a litre to 6,500 rupiah, and diesel from 4,500 rupiah to 5,500. Following a marathon parliamentary session on Monday, lawmakers agreed on a revised budget that included a package of measures to compensate the millions of poor people likely to be hit hardest. Poor households will receive $15 a month each for the next four months to offset the impact of the fuel hike, which is expected to cause the cost of everyday goods to go up as they will be more expensive to transport. President Susilo Bambang Yudhoyono had insisted on the measures before any fuel hike, which will come at a sensitive time as parties gear up for elections in 2014. Eight thousand people demonstrated across Jakarta during the debate, with thousands outside the national parliament hurling Molotov cocktails, fireworks and bottles at police in riot gear, who fought back with tear gas and water cannons. Eighty-eight protesters were detained at the Jakarta protest but police said they would be released on Tuesday. One protester received a minor injury, according to police. At least 14 other people were injured in protests across the country. Yudhoyono has been seeking to lower the huge subsidies for some time and last year came close. But parliament rejected the measure in the face of huge protests, which were bigger and more violent than this year\'s. Concern has been growing among international investors about the failure to cut the subsidies which are blamed for a widening current account deficit, as demand for fuel increases and the government is hit with ever bigger bills.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today indonesia presses on with fuel hike despite popular anger Arab Today, arab today indonesia presses on with fuel hike despite popular anger

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today indonesia presses on with fuel hike despite popular anger Arab Today, arab today indonesia presses on with fuel hike despite popular anger

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Taxi! Transport gets an overhaul

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Turkey warns of 'security' steps

GMT 12:17 2017 Sunday ,24 September

Turkey warns of 'security' steps
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:11 2017 Saturday ,23 September

Doctor provides advices to families

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday